Interface, Inc. (Nasdaq: TILE), a worldwide modular flooring company and global leader in sustainability, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.01 per share, which represents a reduction in the quarterly dividend amount. The newly declared dividend is payable June 19, 2020 to shareholders of record as of June 5, 2020. Dan Hendrix, Chairman and CEO of Interface, commented, "The Board made the decision to reduce the dividend out of an abundance of caution to conserve cash during this period of COVID-19 restrictions and resulting economic impact. This decision will be revisited in subsequent periods and the Board intends to consider increasing the dividend in the future if economic conditions warrant."
Outlook for Textile-Home Furnishing Stocks Appears Bright
Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today provided an update on its business and confirmed the health of its balance sheet.
Interface (NASDAQ:TILE) shareholders are no doubt pleased to see that the share price has bounced 34% in the last...
Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its first quarter 2020 results on Friday, May 8, 2020, prior to the open of the market. Interface will host a conference call the morning of Friday, May 8, 2020, at 8:00 a.m. Eastern Time, which will be simultaneously broadcast live over the internet. Daniel T. Hendrix, President and Chief Executive Officer, and Bruce A. Hausmann, Vice President and Chief Financial Officer, will host the call.
Interface®, a worldwide commercial flooring company and global leader in sustainability, today announced that its luxury vinyl tile (LVT) products are now made with 39% pre-consumer recycled content. With this significant move, Interface has expanded the use of recycled content across its product portfolio, furthering its Climate Take Back™ mission to reverse global warming.
Q1 2020 Interface Inc Earnings Call
Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the first quarter ended April 5, 2020.
Q4 2019 Interface Inc Earnings Call
Image source: The Motley Fool. Interface (NASDAQ: TILE)Q1 2020 Earnings CallMay 08, 2020, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by, and welcome to the Q1 2020 Interface, Inc.
Shares of Interface (NASDAQ:TILE) remained unaffected at $8.58 after the company reported Q1 results.Quarterly Results Earnings per share rose 128.57% over the past year to $0.32, which beat the estimate of $0.21.Revenue of $288,169,000 lower by 3.20% year over year, which missed the estimate of $298,120,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: May 08, 2020View more earnings on TILEWebcast URL: https://console.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fpro.benzinga.com%2Fdashboard%2F&eventid=2160231&sessionid=1&key=06C91CAD803FE4ED7D0696DD4E47A402®Tag=&sourcepage=registerRecent Stock Performance Company's 52-week high was at $17.68Company's 52-week low was at $5.06Price action over last quarter: down 44.14%Company Description Interface Inc is engaged in designing, production and sale of carpet tile. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its Geographical segments include Americas, Europe, and Asia-Pacific. Generating, a majority of its revenue from America.See more from Benzinga * Stocks That Hit 52-Week Lows On Thursday * GenMark Diagnostics: P/E Ratio Insights * Stocks That Hit 52-Week Highs On Thursday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Interface (TILE) delivered earnings and revenue surprises of 15.00% and -1.70%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Unfortunately for some shareholders, the Interface (NASDAQ:TILE) share price has dived 45% in the last thirty days...
Interface (TILE) delivered earnings and revenue surprises of 39.13% and -6.30%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Interface (NASDAQ:TILE) shareholders are no doubt pleased to see that the share price has bounced 45% in the last...
Interface (TILE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, NY / ACCESSWIRE / February 28, 2020 / Pomerantz LLP is investigating claims on behalf of investors of Interface, Inc. ("Interface" or the "Company") (NASDAQ:TILE). Such investors ...
LOS ANGELES, CA / ACCESSWIRE / February 26, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Interface, Inc. ("Interface" or "the Company") (NASDAQ:TILE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. The Company admitted that the termination occurred "after an investigation concluded that he engaged in personal behavior that violated Company policy and core values." Based on this news, shares of Interface fell by more than 7.6% on the same day.
Interface (TILE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Unfortunately for some shareholders, the Interface (NASDAQ:TILE) share price has dived 57% in the last thirty days...